HEALTH CARE REFORMS ENACTED INTO LAW
Photo Courtesy of Klobetime
President Obama has signed comprehensive health care reform legislation. Its provisions will mean significant changes for nonprofit organizations, their employees, and the people they serve. Our health care reform pages describes new tax credits for small nonprofit employers as well as other provisions, and provides resources and guidance for nonprofits as many of the new reforms are implemented. [CONTINUE]
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NONPROFIT HIRING INCENTIVES in New JOBS BILL
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House passes bill to repeal cell phone recordkeeping
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The just-passed Hiring Incentives to Restore Employment (HIRE) Act includes $13 billion in payroll tax incentives for businesses and nonprofits to hire new workers. |
The Senate must now act to repeal onerous record-keeping requirements for employer-provided cell phones and mobile devices. |
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CONGRESS NEEDS to reinstate the IRA ROLLOVER |
NONPROFIT TAX EXEMPTIONS AT RISK |
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The Senate and the House have both passed legislation to reinstate this important tax incentive, which enables older Americans to make tax-free gifts to charities from their IRAs. They now must resolve differences between the two bills. |
Tight budgets are leading more state and local governments to challenge nonprofit tax exemptions and impose new fees to pay for public services. [more] |
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